The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1887-06-25
Ottawa, H., June 20, 1887.
Current Events.

land was the occasion OF monster JUDI
lee Celebration" which extended around
the world, and In which all nations took
part 10 a greater or less extent. In London,
of course, the display of joy etc, took an
elaborate form, the show and celebration
by the blood" the nobility and the people
being something almost unparalleled In lts
magnificence. The procession from luck
ipgham Palace to Westminster Abbey was
made up of no end of kings, princes, prln-
Cesses, mobiles, etc, military, &c, ana It's
march was witnessed by thousands on thou
sands of people. At the Abbey, amid a
blaze of magniticence, the morning service
of the Church of England was read by the
high dignitaries of the clergy OF the King
dom, and then the procession returned tn
the Palace The festivities OF the people
lasted through the week and took every
conceivable form, and in every British
possession and colony the day was cele-
brated as great and glorious" holiday
except in Ireland. There it cannot be said
the Joy of the people overlooked gener-
Gus stream as In the isle across the channel,
"Ireland," said VIM. O Briens thtted Ire.
land, as the only civilized country In the
world which did not share In the jubilee
celebration. She stood sternly and SORROW
fully aloof Ireland's place ought to have
been beside England, as Irish blood and
brain helped to build the empire. Poverty,
misery and slavery are her reward. She
shared England's labors, but she may not
share her triumphs. Englands joy is for
fifty years of liberty, prosperity and pro.
gress, The Irish grief and wrath are for
fifty years of misery, famine and oppres-
sion. England is numbered by the strug
giles of a sullen captive, when she might
purchase by justice the aid and comfort OF
friend"
In New York while the EDglishmen and
their friends were drinking toasts with the
liveliest Fluctuations, at the Church of the
HOLY IDnocents "mass for the repose OF
the souls of Irish victims of Nictoria's
reign" was held and while the jubilee
anthem pealed forth at Metropolitan Opera
House, the Dies ire, dies lila was sung In
the church!
Everywhere the Irish spectre stalked
among the English jewellers!
The wind up of the late Chicago whea
corner came on Tuesday last by the clos
ing of the Fidelity Bank of Cincinnati, by
order of the government bank examiner
and In the arrest of f. l.. Harper, A. Bald
win and b. e. Hopkins, vice president
cashier and assistant cashier of the bank
on a charge of violating the national bank
Ing law. The failure Is total, and, now
the truth is out, the management OF the
bank is shown to have been a system o.
outrageous fraud OF public rights. Started
but one year ago with million Of capital
increased, as claimed month later, to tive
millions, 1t became the heaviest bank II
Ohio; had enormous deposits irem thu
city houses and country banks, attracted b,
free collections and interest on country de
posts! When 1t came this week into thu
hands of the Comptroller of the Currency
the assets were barely nominal with liabil
tiles estimated at 100000 SO that TIT
depostors will get nothing The attendan
ruin of innocent firms has not been serious
only one firm (other than those In whicl
Harper was connecteGD of reaper manufaC
turers of Springfield, Ohio, having felt tn
pinch thus far known. Harpers privat
liabilities will reach 81 900 900 with hardl
$4,000 assets.
The bank was simply scuttled Harpe
says Wilshire's oyer-draft of 5000 wa
honored, by him, then he found he had I
follow Wiltshire through his deal at Chic
70. When the Board OF Trade broke u
that corner the bottom was out of ever
thing. The deicit In the cash of the ban
was caused by pouring money into tn,
hole, the money being taken from the ban
without shadow of security therefor
Harper's private resources had previousl
gone the same way. Had he won he woul
have mulched the people for great,
amount; he fails, and still manages to re
them In different way The ban
got II; 1t got country deposits by promi'
Ot interest on balances; 1t charged Its Gu
toners no exchange; II made collection
for nothing, and did not always (near ii
end) make remittances Of moneys realize
thereby; while Harper got advances fro
ether Tanks by hypothecating his own bar
stock; so that now Cincinnati and all Il
world feels that the bank has been nothir
but swIndle, the depositors paying f
the music OF Its splurge.
AL the triumvirate are now under arre
az ID also Wiltshire. Baldwin and Wilshi
are out on bail, but the bondsmen of Har
or and Hopkins have surrendered tho
worthless, who are In jail awaiting for son
one 70 step 10 and act No receiver h,
been appointed on Thursday, but will
at once.
The failure has caused no uneasiness
monetary circles where the condition
things has been appreciated for some tin
past, the preliminary lightning str Ike
the failure being the protest of the chen